Banc of America Securities (BAS) today announced its Electronic Trading Services (ETS) group is collaborating with global information company Reuters to provide clients of Reuters Station and Reuters 3000 Xtra with seamless integration to ETS' algorithmic trading strategies and Premier Block Trading platform.
The arrangement with Reuters is part of BAS' Electronic Trading Alliance, a framework in which BAS collaborates with leading technology vendors and trading venues to provide seamless solutions for institutional traders.
"ETS product integration with Reuters Station will allow users to easily execute sophisticated algorithmic trading strategies, in an anonymous and fully electronic fashion," said Rob Flatley, managing director of ETS at Banc of America Securities. "Our relationship with Reuters, a proven industry player, is a strong reflection of BAS' commitment to delivering innovative trading solutions through reliable and broader distribution channels."
"We are committed to providing our desktop users with the most respected trade connectivity options available," said Tom Gros, EVP, Global Head of Equities at Reuters. "Banc of America Securities supports our efforts to arm customers with premier trade-execution tools designed to sharpen their competitive edge."
Banc of America Securities' ETS group was launched in January 2004 and is dedicated to developing and delivering a growing suite of electronic trading products designed to satisfy a comprehensive range of institutional trading objectives.